Dynex Capital, Inc. Declares Monthly Common Stock Dividend of $0.06 for April 2019

Dynex Capital, Inc. (NYSE: DX) announced today the Companys Board of Directors has declared a cash dividend of $0.06 per common share for April 2019. The dividend is payable on May 1, 2019 to shareholders of record on April 22, 2019.

Dynex Capital, Inc. is an internally managed real estate investment trust, or REIT, which invests in mortgage assets on a leveraged basis. The Company invests in Agency and non-Agency RMBS, CMBS, and CMBS IO. Additional information about Dynex Capital, Inc. is available at www.dynexcapital.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding the business of Dynex Capital, Inc. that are not historical facts are forward-looking statements that involve risks and uncertainties. For a discussion of these risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Risk Factors in the Companys Annual Report on Form 10-K and other reports filed with the Securities and Exchange Commission.

Alison Griffin